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Updated 10 months ago,

User Stats

6
Posts
7
Votes
Justin Fox
  • Investor
  • Western, NC
7
Votes |
6
Posts

Financing for Modular Duplex on land I already own

Justin Fox
  • Investor
  • Western, NC
Posted

Does anyone have experience with financing for a new modular they put on land they already own?

I know they can be financed just like a stick built construction loan, however, my credit union is not doing construction loans right now and does not have a time frame for when they will (SECU).

I want to use the land as down payment if possible and finance the modular and the site prep for it.

Looking at getting a new modular duplex or a SFH.

Thanks

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